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Bots in the Boardroom

July 01, 2010
Make room for QB at your next credit union staff or board meeting. It’s one of the latest “telepresence bots” emerging—yes, robots. They can easily take the “form” of staff or directors who simply log in from across town or across the world. READ MORE

Conduct a Leadership Analysis

June 01, 2010
Coming through the recession, every organization should ask, "What's our leadership strategy?" READ MORE

Bellco CU Wins UBIT Challenge

April 26, 2010
Bellco CU Wins UBIT Challenge   Last month the U.S. District Court in Colorado ruled in favor of Bellco Credit Union, Greenwood Village, Colo., about limits on the Internal Revenue Service’s authority to collect unrelated business income taxes (UBIT) on several products.  The court ruled income derived from the sale of credit... READ MORE

Waiting on Job Growth

March 30, 2010
Steve Rick Long-term unemployment has serious implications for CU asset quality. Credit union credit quality, which deteriorated during the Great Recession, is directly tied to U.S. unemployment numbers. Long-term unemployment is a serious concern for credit unions’ asset quality. At mid-March, more than 6.1 million people had been unemployed for... READ MORE

Legislative Issues of the Decade

March 18, 2010
The past decade was an active one politically for credit unions, with a major victory—the defeat of legislation that would have altered the bankruptcy code to allow judicial mortgage modification in Chapter 13 bankruptcy proceedings—punctuating the end of the decade. Other top legislative issues of the decade, according to Credit... READ MORE

How has Your CU Benefited from Consumers' Anti-Bank Sentiments?

February 24, 2010
How has Your CU Benefited from Consumers’ Anti-Bank Sentiments?   There has been backlash against the banks and we’ve gained members as a result. We have more checking accounts than all of the area banks combined. We have a community charter and we just took over a former bank building.... READ MORE

Put More Americans to Work

February 24, 2010
It's time to put more Americans to work. That's where credit unions come in, says Rep. Ed Perlmutter. READ MORE

Alternative Capital is Up to Congress

February 24, 2010
It’s up to Congress to determine policy on alternative capital for credit unions, said Michael Fryzel, NCUA Board member. But NCUA stands ready to implement new options for credit unions if Congress decides it’s needed. “This is a tool many credit unions feel will help them build capital and remain... READ MORE

Frank: Financial Regulation Legislation Won't Make CUs' Job Harder

February 24, 2010
Congress is about to pass the most significant piece of financial regulation legislation since the New Deal, but the legislation will not “make it harder for you to perform your services,” Rep. Barney Frank said Wednesday. Emphasizing that credit unions didn’t cause the nation’s economic problems and therefore wouldn’t be... READ MORE

Help the Nation Recover

February 24, 2010
Sen. Christopher Dodd (D-Conn.) encouraged credit unions to continue to expand their activism in politics and finance, and help the nation recover from current economic stresses. Dodd, chairman of the Senate Banking Committee, reminded the audience that credit unions have been a force in helping citizens realize the American dream.... READ MORE
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